This ETF tracks an index of 500 large US equities. Income will be distributed as cash.
Might be a really dumb question this, but if anyone knows, could someone let me know of the difference between this and iUSA?
This one is hedged, it would be good if the mini description was updated as this is key @sampoullain
What does that mean exactly?
Checking this out Rob, sorry for the delay.
Thanks for letting us know.
As the US market is in dollars, so the investment will go up and down based on currency. Hedged options eliminate this currency risk which makes it simpler but as it costs money to hedge you pay a little extra.
Long term investors can often ignore the currency swings over the years and can take the reduced the fee. It’s down to personal preference.